Defense & Military
Joby Aviation Acquires Resonant Sciences for $500 Million
Joby Aviation agrees to acquire defense firm Resonant Sciences for ~$500M, creating a dedicated defense unit alongside its air taxi program.

Joby Aviation, Inc. has entered into a definitive agreement to acquire Dayton, Ohio-based Resonant Sciences for approximately $500 million, a transaction that establishes a dedicated defense business unit for the electric aircraft developer.
Announced in a press release on August 11, 2026, the acquisitions allows Joby to target next-generation autonomous defense platforms while keeping its commercial division focused on certifying its electric air taxi. The deal is structured with $450 million in cash and $50 million in Joby common stock, with the transaction expected to close in the first half of 2027.
Strategic expansion into defense technology
The acquisition merges Joby’s propulsion and autonomy technology stack with Resonant’s capabilities in radio frequency (RF) sensing, signal processing, and low-observability aircraft design. Resonant Sciences, founded in 2015, brings an established defense portfolio and a workforce of approximately 250 employees, more than 90 percent of whom hold security clearances.
Joby Aviation Founder and Chief Executive Officer JoeBen Bevirt stated that the combination pairs Resonant’s established capabilities with Joby’s aircraft propulsion technologies.
“Resonant has built an exceptional business that combines advanced technology, vertically integrated production capabilities and deep customer trust,” Bevirt said. “The combination will pair Resonant’s established capabilities with Joby’s globally leading aircraft propulsion technologies, creating a powerful platform for the next phase of Resonant’s growth.”
For Resonant, the acquisition provides access to Joby’s engineering resources and production expertise. Resonant Sciences Co-Founder and Chief Executive Officer J. Micah North noted that joining Joby allows the company to move faster for existing customers and pursue opportunities that neither company could address alone.
Financial footprint and Ohio manufacturing expansion
The transaction brings a revenue-generating asset into Joby’s portfolio. According to the press release, Resonant Sciences generated more than $100 million in trailing-twelve-month revenue, with year-over-year revenue growth of approximately 40 percent.
Joby Aviation Chief Financial Officer Rodrigo Brumana highlighted the financial logic of the acquisition, noting Resonant’s strong visibility into future revenue and healthy adjusted EBITDA margins. Brumana stated that Resonant’s technology, customer relationships, and scaled manufacturing make it a strong strategic fit as Joby builds out its defense business.
Expanding the Dayton manufacturing hub
The acquisition significantly expands Joby’s physical footprint in Ohio. Resonant currently operates approximately 105,000 square feet across seven buildings in the Dayton area and has an additional 125,000-square-foot facility under construction. Combined with Joby’s existing 768,000-square-foot facility in the state, the unified company will manage a footprint of approximately 1 million square feet in Ohio.
AirPro News analysis
We view this $500 million acquisition as a structural pivot for Joby Aviation, effectively bifurcating the company into distinct commercial and defense entities. By acquiring an established defense contractor with a cleared workforce and active U.S. Department of Defense (DoD) contracts, Joby accelerates its military revenue streams without diluting the engineering focus required for its commercial electric air taxi certification. The integration of Resonant’s low-observability and RF sensing technologies with Joby’s dual-use turbine-electric and hydrogen-electric aircraft platforms positions the combined company to compete for advanced autonomous military contracts that require stealth and specialized sensor payloads.
Sources: Joby Aviation
Photo Credit: Joby Aviation
Defense & Military
SciTec Wins $93.7M U.S. Space Force Radar Digitization Deal
SciTec Innovations, a Firefly Aerospace subsidiary, secured a $93.7M contract to modernize U.S. Space Force radar systems.

SciTec Innovations LLC, a subsidiary of Firefly Aerospace Inc., secured a $93.7 million firm-fixed price agreement from the U.S. Space Force (USSF) to modernize critical missile warning and space-surveillance radar systems. The contract, formally announced by the Department of Defense (DoD) on July 17, 2026, tasks the Princeton, New Jersey-based company with replacing aging analog radar components with scalable digital architecture.
In a press release issued on August 11, 2026, Firefly Aerospace confirmed the award is part of the broader Ground-Based Radar Digitization (GBRD) program managed by Space Systems Command (SSC) in Colorado Springs, Colorado. The initiative aims to establish a common digital framework across multiple radar sites, ensuring operational advantage while reducing long-term lifecycle costs for the military.
Scope of the Ground-Based Radar Digitization program
The GBRD program represents a $423.4 million combined investment by the USSF to overhaul legacy infrastructure. The modernization effort targets key installations, including the Upgraded Early Warning Radar (UEWR) network and the Perimeter Acquisition Radar Attack Characterization System (PARCS) located at Cavalier Space Force Station, North Dakota.
SciTec will work alongside two other defense contractors selected for the program. Raytheon Corp. received the largest share of the GBRD funding with a $309,472,660 contract, while WildStar LLC was awarded $20,226,551. All modernization work under these agreements is scheduled for completion by April 21, 2028.
SciTec President David Simenc stated the company is honored to support the military branch and highlighted the strategic importance of the upgrades.
“This effort strengthens national defense, modernizing vital radar infrastructure and ensuring the United States maintains an operational advantage in an increasingly contested environment while minimizing total lifecycle costs to taxpayers and warfighters,” Simenc said.
Firefly Aerospace defense portfolio expansion
The exact $93,704,410 GBRD contract adds to a growing backlog of defense and government work for Firefly Aerospace and its subsidiaries. On August 11, 2026, the parent company reported record second-quarter financial results, generating $117.7 million in revenue. This figure represents a 659 percent year-over-year increase, driven heavily by defense awards and commercial launch agreements.
SciTec has secured other recent military contracts, including a $5.5 million option exercised by the U.S. Air Force to deliver an operational data fusion system for the Cloud-Based Command and Control (CBC2) program. Concurrently, Firefly Aerospace extended its multi-launch agreement with Lockheed Martin, securing up to 25 flights on its Alpha launch vehicle through 2031.
AirPro News analysis
The U.S. Space Force decision to split the $423.4 million GBRD program among Raytheon, SciTec, and WildStar highlights a deliberate procurement strategy to integrate agile, specialized technology firms alongside traditional prime contractors. By awarding nearly $94 million to a Firefly Aerospace subsidiary, the DoD is signaling confidence in the commercial space sector capacity to deliver critical ground infrastructure. We view this contract as a significant validation of the Firefly acquisition of SciTec, demonstrating that the company can successfully leverage its data and sensor processing capabilities to capture substantial defense modernization funding outside of its core launch vehicle business.
Sources: Firefly Aerospace
Photo Credit: Firefly Aerospace
Defense & Military
Lockheed Martin Space-Based Interceptor SBI 2028 Demo
Lockheed Martin outlines its SBI strategy targeting boost-phase intercept from LEO, with a 2028 on-orbit demonstration goal.

Lockheed Martin has outlined its operational strategy for a new Space-Based Interceptor (SBI) network designed to neutralize ballistic and hypersonic missiles from Low Earth Orbit during their initial boost phase. The defense contractor is targeting an integrated on-orbit demonstration of the capability by 2028.
The system forms a core component of the U.S. government’s “Golden Dome” multi-layered ballistic missile defense architecture. In a feature published on August 11, 2026, Lockheed Martin detailed how intercepting threats from space within minutes of launch simplifies the defense equation before missiles can deploy complex countermeasures.
Shifting defense to the boost phase
According to the company, the most vulnerable period for a ballistic missile is the three to five minutes immediately following launch. By positioning interceptors in orbit, the SBI program aims to destroy threats before they exit the atmosphere.
Todd Stevens, vice president of strike, deterrence and missile defense at Lockheed Martin, noted that engaging threats early prevents them from reaching the midcourse phase where complexity multiplies.
“That moment is the simplest for the offense and the clearest shot for the defense. Once the missile deploys its payload in space, multiple objects, including re-entry vehicles, booster debris and possibly decoys, travel along the same trajectory dramatically complicating the interception challenge,” Stevens said.
Neutralizing a missile before payload separation significantly reduces the tracking and interception burden on traditional ground-based midcourse and terminal defense systems. These legacy systems include the Terminal High Altitude Area Defense (THAAD), Patriot Advanced Capability-3 (PAC-3), and the Next Generation Interceptor (NGI).
The Space-Agencies acquisition strategy
The U.S. Space Force Space Systems Command is funding the SBI development through a diversified acquisition approach. On April 24, 2026, the command awarded up to $3.2 billion in Other Transaction Authority (OTA) agreements across 20 contracts to 12 different companies.
This strategy allows the military to fund multiple competing prototype designs simultaneously rather than selecting a single prime contractor early in the development cycle. The selected companies include traditional defense contractors like Lockheed Martin, Northrop Grumman, and Raytheon, as well as newer aerospace entrants such as SpaceX, Anduril Industries, and True Anomaly. Lockheed Martin officially announced its selection for the program on May 1, 2026.
Robert Lightfoot, president of Lockheed Martin Space, stated that the company is leveraging its existing industrial base to accelerate development.
“We’re investing in technology and infrastructure, while bringing together the strength of the full industrial base, to deliver advanced capabilities like SBI faster and are committed to delivering an integrated demonstration by 2028,” Lightfoot said.
AirPro News analysis
While Lockheed Martin and the U.S. Space Force are aggressively pursuing the 2028 target for an integrated on-orbit demonstration, we note that fielding a fully operational space-based interceptor shield by the end of the decade represents a highly ambitious timeline. Defense analysts have highlighted that the technical challenges of executing orbital intercepts are unprecedented. Developing the necessary targeting algorithms and deploying the massive satellite constellation required for continuous global coverage will test the limits of current aerospace manufacturing and launch cadences.
Sources: Lockheed Martin Feature
Photo Credit: Lockheed Martin
Defense & Military
Lockheed Martin Invests in Modular Hypersonic Payload System
Lockheed Martin announces a multimillion-dollar investment to develop a modular payload delivery system for hypersonic missions.

Lockheed Martin announced a multimillion-dollar investment on August 11, 2026, to develop a Modular Payload Delivery System (MPDS) designed to accelerate the integration of offensive and defensive payloads for hypersonic missions.
The initiative, based in Littleton, Colorado, aims to transition hypersonic technology into a standardized, modular framework. According to the company’s press release, this architecture will reduce traditional development timelines, non-recurring engineering expenses, and labor hours associated with advanced aerospace systems.
Accelerating hypersonic capabilities
The MPDS is engineered to support a variety of mission profiles, including deep long-range strikes and missile defense applications. By standardizing the payload interface, Lockheed Martin intends to bypass the historical bottlenecks of bespoke hypersonic vehicle design, allowing for rapid swapping of mission-specific payloads.
Johnathon Caldwell, Vice President and General Manager of Strategic and Missile Defense Systems at Lockheed Martin, stated the investment expands operational utility and delivers affordability to the sector.
“By investing in a modular payload delivery system built upon our proven hypersonic technologies and legacy, we’re expanding operational utility, delivering affordability and accelerating advanced capabilities that would be historically burdened by development timelines and challenges,” Caldwell said.
Caldwell added that the system reflects a commitment to delivering solutions that meet evolving mission requirements.
Supply chain and production scaling
The MPDS investment follows a related supply chain expansion announced on August 10, 2026, when Lockheed Martin confirmed a teaming agreement with Albany Engineered Composites, a segment of Albany International Corp.
This partnership focuses on driving scalable production for United States hypersonic programs. The collaboration combines Lockheed Martin’s systems integration expertise with Albany Engineered Composites’ agile aeroshell manufacturing capabilities to bolster defense production rates and support the industrial base required for modular systems like the MPDS.
AirPro News analysis
In reviewing the August 11 announcement, we noted an unusual terminology choice in the official text. The press release explicitly states the MPDS will enable the “Department of War’s Arsenal of Freedom” and uses the acronym “(DOW)”. The United States Department of War was dissolved and replaced by the Department of Defense (DoD) in 1947. It remains unclear whether this phrasing represents a specific internal program naming convention, a stylistic historical reference, or an error in the published release.
Regardless of the nomenclature, the dual announcements this week signal a clear pivot by Lockheed Martin toward standardizing hypersonic manufacturing. By moving away from custom, single-use architectures toward scalable, modular production lines, the manufacturer is positioning itself to address the DoD’s recurring demands for faster procurement cycles and lower per-unit costs in the hypersonic domain.
Sources: Lockheed Martin (MPDS Announcement)
Photo Credit: Lockheed Martin
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